FORWARD PHARMA A/S — Credit Rating and Financial Key Figures

CVR number: 28865880
Strandvejen 125, 2900 Hellerup
investors@forward-pharma.com
www.forward-pharma.com

Company information

Official name
FORWARD PHARMA A/S
Personnel
2 persons
Established
2005
Company form
Limited company
Industry

About FORWARD PHARMA A/S

FORWARD PHARMA A/S (CVR number: 28865880) is a company from KØBENHAVN. The company recorded a gross profit of -9457.9 kDKK in 2024. The operating profit was -11.3 mDKK, while net earnings were 75.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FORWARD PHARMA A/S's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-7 763.73-10 812.93-11 631.79-6 130.61-9 457.91
EBIT-24 320.79-24 879.26-14 706.28-7 957.63-11 296.04
Net earnings-42 201.69-12 271.14-31 482.85-3 832.5275 927.65
Shareholders equity total474 106.68461 863.38430 396.73426 445.78488 330.23
Balance sheet total (assets)574 865.81561 060.28529 878.49704 684.59835 352.48
Net debt- 160 864.47- 155 145.83- 145 880.41- 141 174.82-74 601.92
Profitability
EBIT-%
ROA-4.0 %-2.0 %-5.6 %1.0 %-0.8 %
ROE-8.5 %-2.6 %-7.1 %-0.9 %16.6 %
ROI-4.0 %-2.0 %-5.6 %1.0 %-0.8 %
Economic value added (EVA)-54 988.76-53 493.66-42 753.22-34 471.63-43 396.75
Solvency
Equity ratio82.5 %82.3 %81.2 %60.5 %58.5 %
Gearing20.1 %20.8 %22.6 %65.1 %70.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.62.51.51.6
Current ratio2.62.62.51.51.6
Cash and cash equivalents256 198.49251 430.66243 125.59418 740.26418 983.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:-0.76%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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